IN RE HEATH

Bankruptcy No. 80-00191K, Adv. No. 80-0711K.

9 B.R. 665 (1981)

In re Eugene A. HEATH and Arlene Heath, Debtors. COMMONWEALTH of Pennsylvania SCHOOL EMPLOYEES' RETIREMENT FUND, Plaintiff, v. Eugene A. HEATH and Arlene Heath, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

February 19, 1981.


Attorney(s) appearing for the Case

John Swartz and Alan H. Gilbert, Philadelphia, Pa., for plaintiff.

Thomas J. Turner, III, Philadelphia, Pa., for debtors/defendants.

Margaret Graham, Standing Trustee.


OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

Commonwealth of Pennsylvania School Employes' Retirement Fund ("Retirement Fund") has commenced an adversary proceeding to vacate the automatic stay imposed by Bankruptcy Code § 362 in order to permit it to proceed to Sheriff's sale.

The debtors request that the stay be continued, contending that the Retirement Fund is adequately protected because the mortgage in question is federally insured through...

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